Supreme Court of India dismissed all the petitions seeking court direction for investigating the alleged scam in the procurement of 36 Rafale jets from the French company Dassault Aviation. Also, DoT agreed to issue NOC for the Rcom-RJio deal.

IT giant Infosys gained on the bourses as the company declared the formation of a JV with Hitachi, Panasonic Corporation and Pasona Inc. Shares of the company gained almost 3 per cent intraday.

The stock of Max India saw a phenomenal uptrend during Friday's trading session. There is a buzz in the market that the company is planning an exit from its insurance business. At 14:26 hours, Max India was quoting Rs. 79.80 per share, up by Rs. 13.00 or 19.46 per cent.

Following stocks are close to their 52-week low as at 12.37 p.m. on December 14, 2018.

In a major blow to Fortis Healthcare's efforts to sell stake, the Supreme Court of India has put on hold the Rs. 4,000 crore deal between IHH Healthcare Berhad and Fortis on Friday. Reacting to this development, the stock of Fortis Healthcare plunged more than 8 per cent.

The markets on December 14, 2018 opened gap down. BSE Sensex is trading at 35,924.65, down by 4.99 points and the Nifty is trading at 10,790.35, down by 1.20 points. 

The dispute settlement tribune for the telecom industry rejects TRAI's rules for penalising telecom companies on predatory pricing practices. The TDSAT ruled that TRAI had issued the new definition and rules without enough consultation with the industry.

Overall volumes in futures & options currently stand at 3.27 crore contracts with a turnover of Rs. 18,23,784.25 crore.

Overall volumes in futures & options currently stand at 3.27 crore contracts with a turnover of Rs. 18,23,784.25 crore.

Going ahead, the 200-day moving average, which is placed around the level of 10,755, is likely to act as an immediate support level, whereas on the upside, Thursday session's high which stands at 10,839 is likely to pose resistance. Stocks in news: Lupin, IOC, Adani Enterprises, Adani Enterprises, Premier Explosives and NMDC.